Hey guys, in this blog post, we're going to break down a full rules-based day trading strategy that works well in the forex, crypto, and stock markets. This strategy is perfect for beginners or struggling traders who are looking for an edge in the market and want to make a consistent income. This price action trading strategy combines concepts of market structure, pullbacks, and advanced candlestick entry setups. If that sounds good to you, make sure to hit the like button to show your support and subscribe to our channel if you're new, as we publish many advanced trading knowledge. Step 1: Identifying Market Direction The first step in this strategy is to identify the market direction. We do this by applying a simple concept using the exponential moving average (EMA). We apply the 50 EMA on the chart and wait for the price to break it to one side and create a new high or low. This helps us determine whether we're witnessing a bullish or bearish market. For example, if the
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